Nicola International Armenia LLC – Food Preserve Production / Armswissbank CJSC

Nicola International Armenia LLC, known under the brand name AIELLO, is a leading producer of preserved and canned foods in Armenia. Established in 2002, the company has earned the trust and recognition of consumers both in Armenia and abroad, including in the United States and across the CIS region. Over the years, AIELLO has built a strong reputation for quality, reliability, and a diverse range of food products.

The company’s product portfolio includes tomato paste, canned vegetables, pickled products, juices, and olive-based goods. AIELLO’s signature assortment features premium olives and olive oils, sourced from the best Mediterranean growers and processed locally in line with international quality standards. Through continuous innovation and attention to quality, Nicola International has become a trusted supplier for Armenia’s major supermarket chains as well as for smaller retailers and distributors.

To further strengthen its distribution and logistics capacity, the company implemented an investment project through the EU4Business-EBRD SME Competitiveness Credit Line, financed by Armswissbank. With the support of this program, Nicola International purchased a truck and a semi-trailer, which enabled it to significantly improve the efficiency of its product transportation and delivery system. The new vehicles allow the company to ensure faster, safer, and more cost-effective deliveries both within Armenia and to export destinations.

Eligible investment cost

EUR 113,389.92

Investment incentive

EUR 11,338.99

The project was further supported by an EU-funded investment incentive, which reduced the company’s overall investment costs and made the modernization process more affordable.

As a result, the company has been able to expand its market coverage, enhance customer satisfaction, and strengthen its competitive position in the region’s growing food industry.